Home Prices on the rise in SW Washington 2025
Home Prices in 2024 vs. 2023: A Look at Kalama, Ridgefield, and Camas
As we step into 2025, the real estate market in Southwest Washington continues to make headlines. Cities like Kalama, Ridgefield, and Camas each tell a unique story about growth, demand, and evolving buyer preferences. While 2023 brought resilience and surprising market stability despite economic uncertainty, 2024 appears poised for continued upward momentum.
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A Snapshot of 2023/2024
In 2023, home prices in Southwest Washington showed steady appreciation despite higher interest rates and affordability concerns. Ridgefield, known for its suburban charm and family-friendly atmosphere, maintained a strong appeal for buyers seeking new construction and modern amenities. Kalama, with its picturesque views of the Columbia River and small-town feel, attracted buyers looking for a quieter lifestyle. Meanwhile, Camas remained a perennial favorite, blending top-rated schools, a thriving downtown, and luxury housing options.
What We're Seeing in 2024
Early indicators suggest that home prices in Southwest Washington will continue to rise in 2024. Factors such as limited inventory, ongoing migration from urban centers, and sustained demand for quality housing are driving this trend. Ridgefield's master-planned communities are seeing increased interest, while Kalama is becoming a hotspot for buyers priced out of larger cities. Camas, always a top performer, is holding strong as a destination for luxury buyers and families alike.
My Perspective on the Market
In my opinion, home prices are unlikely to slow their climb this year. Demand continues to outpace supply, and many buyers are adapting to higher mortgage rates as the new normal. While national trends may vary, Southwest Washington remains a highly desirable region with no signs of cooling off anytime soon.
For a deeper look at market trends, check out this insightful analysis from Goldman Sachs: US House Prices Are Forecast to Rise More Than 4 Percent Next Year.
The Takeaway
Whether you're buying, selling, or simply keeping an eye on the market, staying informed is key. If you're considering making a move in 2025, let's talk about your goals and how we can navigate this dynamic market together.
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Real estate isn't just my job – it's my passion. I love nothing more than helping people discover their perfect corner of Southwest Washington, Kalama, Ridgefield, Camas (you get the point). Ready to start your own success story? Let's chat! You can reach me at 360.431.5773 or schedele an appointment
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Gena Graham is a leading real estate expert in Southwest Washington, specializing in luxury homes and waterfront properties throughout Kalama, Camas, and Ridgefield. With over 10 years of experience and countless happy clients, she's your guide to finding the perfect home in SW Washington's dynamic market.
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